What is overhead allocation in SAP CO-FIO - Fiori UI for Management Accounting?

SAP Term: overhead allocation

• Component: CO-FIO

• Component Name: Fiori UI for Management Accounting

• Description: The allocation of overhead costs to receivers such as orders, cost centers, or characteristics.

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• Key Concepts: 
  Overhead allocation is a process used in management accounting to allocate overhead costs to products or services. It is used to determine the cost of producing a product or providing a service. In SAP, overhead allocation is managed using the CO-FIO Fiori UI for Management Accounting. 
  
  How to use it: 
  The CO-FIO Fiori UI for Management Accounting allows users to manage overhead allocation in SAP. It provides an overview of the overhead costs and allows users to allocate them to different products or services. The UI also allows users to view the cost of each product or service and adjust the overhead allocation accordingly. 
  
  Tips & Tricks: 
  When using the CO-FIO Fiori UI for Management Accounting, it is important to ensure that the overhead costs are allocated accurately. This will ensure that the cost of each product or service is accurately reflected in the system. Additionally, it is important to regularly review the overhead allocation to ensure that it is up-to-date and accurate. 
  
  Related Information: 
  For more information on overhead allocation in SAP, please refer to the SAP Help Portal (https://help.sap.com/viewer/product/SAP_ERP_6_0_EHPs_7_FOR_ERP_6_0/6.07/en-US). Additionally, there are several online tutorials available that provide step-by-step instructions on how to use the CO-FIO Fiori UI for Management Accounting.